Belize’s IBC legislation is viewed internationally as one of the most modern and user-friendly. It is particularly designed with the offshore investor in mind. Belize has a poor financial system. The fixed ratio is $1 Bz to .50 cents USA, but because of overspending and poor management practices, the actual local currency is only around .03 to .05 cents in US dollar value.

Interestingly enough it is sometimes the organisations/consultants that charge you ridiculous fees that do not create the best possible structure for you. Many of them use outdated tiered/linked company structures and most of these guys promote illegal means of expatriating your funds and they will not assist you in your court case when you need to defend yourself against your creditors. Interest is paid quarterly, rather than annually, so clients have the potential to roll-up interest on interest. In addition, the Horizon Account offers a facility whereby the interest can be paid away to another nominated bank account free of charge.

Tax havens have 1.2% of the world’s population and hold 26% of the world’s wealth, including 31% of the net profits of United States multinationals. According to Merrill Lynch and Gemini Consulting’s World Wealth Report for 2000, one third of the wealth of the world’s high net-worth individuals nearly $6 trillion out of $17.5 trillion may now be held offshore. Tax is due when the investor brings the money back to the UK, and that’s usually when the bond matures. Tax havens typically have laws or administrative practices under which businesses and individuals can benefit from strict rules and other protections against scrutiny by foreign tax authorities. This prevents the transmittance of information about taxpayers who are benefiting from the low tax jurisdiction.